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Question 1 of 40 Question 1 2.5 points Save Answer Joe and Rich are both considering investing in a project that costs $25,500 and is

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Question 1 of 40 Question 1 2.5 points Save Answer Joe and Rich are both considering investing in a project that costs $25,500 and is expected to produce cash inflows of $15,800 in Year 1 and $15 required return of 8.5 percent but Rich demands a return of 12.5 percent. Who, if either, should accept this project? Joe, but not Rich O Rich, but not Joe O Neither Joe nor Rich O Both Joe and Rich O Joe, and possibly Rich, who will be neutral on this decision as his net present value will equal zero

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